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pilarming is not concerted with the record or photographat creates and projects it is not com with things as they are, but with things as they might be and ought to be$.$ Managers meed a foot thep thie that the organisation survives in an ever$-$changing emerproment. One such $1001$ is strategic plating

Discuss the importance of strategic planning in modern organizations and elaborate on the three levels of strategy: corporate, business, and functional, In your essay: $(30)$

Define strategic planning and its significance in guiding organizational decision$-$making and performance.

$2.$ Explain the three levels of strategy $($corporate$,$ business, and functional$)$ and their respective focuses within an organization.

Provide examples from real$-$world businesses or industries to illustrate how each level of strategy

operates and contributes to organizational success.

Evaluate the interdependency and alignment required between the three levels of strategy for effective implementation and achievement of organizational objectives.

Discuss the challenges and potential barriers organizations may face in developing and executing strategies at each level and propose strategies to overcome these challenges.